Us steel stock price current momentum in "US Steel stock

Current momentum in "US Steel stock price" signals consolidation after last week’s 3.2% rally. Analysts note that higher hot-rolled coil prices could translate into stronger margin forecasts, potentially pushing target valuations toward $42 if macro conditions remain stable. US Steel rival Cleveland Cliffs, the nation’s other major unionized steelmaker, tried to buy US Steel last summer, only to have its $32.53 a share cash-and-stock offer rejected by the company. And Gibbs said despite the support such a deal would have from the USW, it’s not clear it would be able to win approval from antitrust regulators. Why State Street's Options Volume Just Sent a Bullish Signal Regional manufacturing reports indicate output expansion, a positive catalyst for "US Steel stock price" over the next quarter. Rising factory orders correlate strongly with steel demand and revenue growth.